Find the selling price of an item bought for Rs. 2980 to gain 5%.
Difficulty: Hard
About this MCQ
Hard Profit and Loss Mcqs item. Correct choice: C. Rs. 3129.
- A. Rs. 2807
Why not A: “Rs. 2807” is not Rs. 3129.
- B. Rs. 3377
Why not B: “Rs. 3377” is not Rs. 3129.
- C. Rs. 3129 ✓
- D. Rs. 2352
Why not D: “Rs. 2352” is not Rs. 3129.
Correct answer
C. Rs. 3129
Explanation
Rs. 3129 (option C) is the accepted answer to “Find the selling price of an item bought for Rs. 2980 to gain 5%.”. Option A (Rs. 2807) is a different value from Rs. 3129. Option B (Rs. 3377) is a different value from Rs. 3129. Option D (Rs. 2352) is a different value from Rs. 3129. Keep Rs. 3129 as the Profit and Loss Mcqs fact for this stem.
Source: FPSC/NTS Generated Practice Set
Tags: FPSC, NTS, Profit and Loss
Submitted by: MCQsHub Editorial
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